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TMI BlogOverseas Exhibition TaxX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear All, We are an exhibition service company and provide space to Indian companies at overseas exhibitions. I would like to ask that if suppose, we receive INR 100 from our client and we forward INR 80 from the receipt to overseas organizer of exhibition for which we received INR 100 then what taxes (GST or Income Tax or both) will be applicable on our earning of remaining amount of INR 20! I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... would request an expert to advise on it. Thank you in advance. Best regards... - Reply By KASTURI SETHI - The Reply = Organizing exhibitions falls under HSN 998596 and it attracts GST @18% (9+9). In terms of Section 13(5) of IGST Act , the place of supply is where the event is held. Since the exhibition is held outside India, so it is export of service subject to fulfillment of other condi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tions. Secondly, it appears to me you are playing the role of intermediary services. See the defintion of 'intermediary' as defined under Section 2 (13) of IGST Act which is as follows: (13) intermediary means a broker, an agent or any other person, by whatever name called, who arranges or facilitates the supply of goods or services or both, or securities, between two or more ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... persons, but does not include a person who supplies such goods or services or both or securities on his own account; If your activity/supply falls under the category of 'intermediary' the place of supply will be in India as per Section 13(8)(b) of IGST Act . Tax rate remains the same. How consideration is accounted for ? That is also crucial to arrive at final decision for corr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ect classification as well as payment of tax. - Reply By Shilpi Jain - The Reply = Since you are receiving consideration in INR, I am pressuming that your client is in India. So the provisions of section 12 of the IGST Act will apply to identify the place of supply (PoS). The PoS could either be the location where the event is held (i.e. outside India) or the location of the recipient in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... terms of sub-section 6 or 7 of the IGST Act depending on the terms of the agreement. However, as per my assumption if the recipient is in India it cannot be an export of service, whatever be the PoS. - Reply By KASTURI SETHI - The Reply = Dear Querist, The following extract of Board's circular may be useful for you :- C.B.I. C. Circular No. 88/07/2019-GST, dated 1-2-2019 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Overseas Exhibition Tax - Query Started By: - Gunjan Gupta Dated:- 4-10-2019 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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